Press release
Global Welfare Foundation Joins Fastercapital Equitypilot To Build Rehabilitation Center In The Gambia
Global Welfare Foundation Joins Fastercapital Equitypilot To Build Rehabilitation Center In The Gambia
Lead Global Welfare Foundation and FasterCapital announced a strategic partnership today through FasterCapital's EquityPilot program to accelerate the establishment of a rehabilitation center for orphans and vulnerable children in Bara, Lower River Division, The Gambia - addressing urgent needs from HIV/AIDS, malnutrition, and pandemic-era shocks by combining local program expertise with global acceleration resources.
Market Opportunity & Problem
Sub-Saharan Africa faces a persistent orphan and vulnerable-children crisis exacerbated by HIV/AIDS, health-system gaps, and recent epidemics. In The Gambia, rural districts report high child-headed households, malnutrition, and limited access to education and healthcare. Existing NGO capacity is fragmented and underfunded; Global Welfare Foundation's plan for a model rehabilitation center (projected cost $709,803) addresses acute shelter, health, and education gaps while creating sustainable food-security and livelihood programs - a replicable solution for other underserved regions in the Western Region and nationwide.
Startup Solution & Differentiation
Global Welfare Foundation brings grassroots credibility - registered in 2009/2011 and operating in Bara, with more than 150 vulnerable children registered locally - and a comprehensive, integrated care model: residential shelter, nutrition and child survival programs, primary education support, vocational and agricultural training (piggery, poultry, dairy), and microfinance-driven women's livelihood initiatives. The center's holistic design couples immediate life-saving interventions with long-term self-reliance pathways, reducing institutional dependency and creating revenue-generating social enterprises. This blended humanitarian-development approach creates defensible program advantages versus single-focus interventions and positions the center as a regional model.
FasterCapital Partnership Value
Through the EquityPilot program, FasterCapital will provide strategic mentorship, fundraising support, legal and financial structuring, and access to its global investor and donor network. FasterCapital's selective criteria vet startups and nonprofits for impact potential and operational readiness; acceptance signals validation and accelerates time-to-implementation. The collaboration targets a first-phase build and program roll-out within 12 months, with capital-raising milestones tied to construction, staffing, and food-security pilot launches.
Executive Quotes
"Harnessing disciplined startup acceleration methods for high-impact social projects is core to our investment thesis," said Hesham Zreik.
"Global Welfare Foundation's integrated model is a scalable answer to a persistent humanitarian challenge in West Africa."
Joseph Ola, Project Lead at Global Welfare Foundation, added:
"This partnership fast-tracks our vision to provide safe homes, healthcare, and future-building skills to children who need them most - enabling durable change for families and communities."
Growth Trajectory & Next Steps
Near-term priorities include land acquisition, phased construction, staffing, and launching child-survival nutrition clinics and agricultural pilots. The organizations will pursue a blended funding model (donors, impact investors, social enterprise revenue) to meet the $709,803 budget and scale to additional districts within 24-36 months. Monitoring tools (accounting software, quarterly/biannual reporting, annual audits) will ensure transparency and donor confidence.
About Global Welfare Foundation
Global Welfare Foundation is a Gambian community-based nonprofit founded to care for children affected by HIV/AIDS and poverty. Operating from Bara village and registered nationally, the Foundation provides shelter, nutrition, education, and livelihoods training to vulnerable children and families, focusing on long-term rehabilitation and community reintegration.
About FasterCapital
FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, it is now #1 venture builder in terms of number of startups helped, money invested, and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The EquityPilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.
Media Contact
Rasha Almasri
rasha.almasri@fastercapital.com
+1 (512) 400-0256
Global Welfare Foundation
The Gambia
Glowefa@gmail.com
https://global-welfare-foundation.jimdosite.com/
Global Welfare Foundation (GLOWEFA) is an independent non‐profit, grassroots charitable organization based in The Gambia with a strong focus on social welfare, community development, and poverty alleviation. It is not affiliated with any political party or religion and aims to create sustainable, positive change by partnering with local communities, government bodies, civil society groups, and development partners.
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